NNN Leased Retail Investment Property

811 Ward Blvd

Wilson, NC 27893

Dollar General Retail Investment Property

• 10 years remaining on original lease term

(Lease Expires May 31st 2030)

• Built in 2015

• Located on 1.66ac

• 9100sf Building with all brick exterior

• Solid location with 15,000VPD traffic count

• For Sale $1,447,265 (6.4 Cap Rate)

919 Commercial

Dan Smith

Dsmith@919cre.com

(919) 961-5717 Mobile

NNN Leased Retail Investment Property

811 Ward Blvd

Wilson, NC 27893

INVESTMENT SUMMARY:

Tenant: Dollar General

Lease Type NNN with no LL Responsibilities

Asking Price $1,447,265

Current NOI $92,625

Cap Rate 6.4%

Lease Commencement Date June 1st 2015

Lease Term End May 31st 2030

Rent Increases 10% each option period

Renewal Options 4 Options of 5 years each

Gross Leasable Area 9100sf

Lot Size 1.66ac

Year built 2015

This Dollar General store was located at an in-line center on Ward

Blvd near this location and was relocated to this freestanding building

in 2015 with a 15 year term. No LL responsibilities with this lease; ten-

ant handles roof, structure, CAM, insurance. LL pays the taxes but is re-

imbursed by the tenant. Solid long term urban location with multiple re-

tenanting possibilities if tenant were ever to vacate and good traffic

counts.

NNN Leased Retail Investment Property

811 Ward Blvd

Wilson, NC 27893

NNN Leased Retail Investment Property

811 Ward Blvd

Wilson, NC 27893

919 Commercial

Dan Smith

Dsmith@919cre.com

(919) 961-5717 Mobile